Priority Autoventures Private Limited

Company trades new vehicles, parts, and accessories as an authorized dealer of Renault cars.

2015 | Goa, Goa (India) | Active
Last Updated:

Priority Autoventures Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.25 Cr
  • Satisfied Charges ₹ 7.50 Cr
  • Revenue Growth -41.29%
  • Profit Growth 80.48%
  • Ebitda 97.96%
  • Net Worth -16.25%
  • Total Assets 11.84%

About Priority Autoventures

Priority Autoventures Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 September 2015 (Nine years and seven months 8 days old ). Its registered office is in Goa, Goa, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹15.25 Cr. The company has closed loans amounting to ₹7.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Swaroopa Nachinolcar, Ulhas Nachinolcar, Swapneel Nachinolcar, and One other member serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50300GA2015PTC007718

  • Company No.

    007718

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Automotive
Company report

Priority Autoventures Private Limited

Explore comprehensive data for Priority Autoventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Priority Autoventures?

Board Members (4)

NameDesignationAppointment DateStatus
Swaroopa Nachinolcar Country flag representing In Director 07-Sep-2015Current
Ulhas Nachinolcar Country flag representing In Director 07-Sep-2015Current
Swapneel Nachinolcar Country flag representing Pt Director 07-Sep-2015Current
Parind Nachinolcar Country flag representing In Director 07-Sep-2015Current

Financial Performance of Priority Autoventures.

Priority Autoventures Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 41.29% decrease. The company also saw a substantial improvement in profitability, with a 80.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.25%.

Priority Autoventures revenue growth over time
Priority Autoventures profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-41.29%
Revenue from Operations
-42.04%
Total Assets
11.84%
Profit or Loss
80.48%
Net Worth
-16.25%
EBITDA
97.96%

What is the Ownership and Shareholding Structure of Priority Autoventures?

In 2021, Priority Autoventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹152.50 M

Satisfied Charges

₹75.00 M

Charges Breakdown by Lending Institutions

  • Others : 12.75 Cr
  • The Goa Urban Cooperative Bank Ltd : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
06 Jul 2019Others₹2.00 CrOpen
28 Jun 2019Others₹1.00 CrOpen
20 Sep 2016Others₹9.75 CrOpen
15 Oct 2015The Goa Urban Cooperative Bank Ltd₹5.00 MOpen
07 Oct 2015The Goa Urban Cooperative Bank Ltd₹2.00 CrOpen

How Many Employees Work at Priority Autoventures?

Priority Autoventures has a workforce of 102 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Priority Autoventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Priority Autoventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Priority Autoventures's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Priority Autoventures

Recent activity within the organization

  • Annual General Meeting

    Priority Autoventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Priority Autoventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100275538 was registered on 06 Jul 2019.

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100284014 was registered on 28 Jun 2019.

  • Charges

    A charge with Others of Rs. 97.50 M registered on 20 Sep 2016 with Charge ID 100054209 was modified on 03 Feb 2018.

  • Charges

    A charge registered on 09 Oct 2015 via Charge ID 10600233 with The Goa Urban Cooperative Bank Ltd was fully satisfied on 12 Oct 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Priority Autoventures Private Limited?

    Priority Autoventures Private Limited was incorporated on 07 Sep 2015.

  • What is authorized share capital and paid-up capital of Priority Autoventures Private Limited?

    The authorized share capital of Priority Autoventures Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Priority Autoventures Private Limited?

    Currently 4 directors are associated with Priority Autoventures Private Limited.

    • Swaroopa Ulhas Nachinolcar
    • Ulhas Nachinolcar
    • Swapneel Ulhas Prabhu Nachinolcar
    • Parind Ulhas Prabhu Nachinolcar

  • What is the registered address of Priority Autoventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Priority Autoventures Private Limited is Ground Floor Paris Signature Bypass Road, India, Taleigao, Goa, 403002.

  • What is the corporate identification number (CIN) and company number of Priority Autoventures Private Limited?

    The corporate identification number (CIN) of Priority Autoventures Private Limited is U50300GA2015PTC007718 and the company number is 007718 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Priority Autoventures Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Priority Autoventures Private Limited has fallen by -41.29%.

  • How many employees does Priority Autoventures Private Limited currently have?

    As Per 2021 financial reports, 102 employees are currently employed by Priority Autoventures Private Limited.

  • What change has been observed in the net worth of Priority Autoventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Priority Autoventures Private Limited has experienced an downturn of -16.25%.

  • What are the total open charges for Priority Autoventures Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Priority Autoventures Private Limited amount to ₹ 15.25 Cr.

  • When was the last Balance Sheet of Priority Autoventures Private Limited filed with the ROC?

    The most recent Balance Sheet for Priority Autoventures Private Limited was filed with the ROC on 31 Mar 2023.

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